Cactus Gross Margin Growth & History (WHD)
Cactus's gross margin was 37.02% for fiscal 2025.
View full Cactus company overviewCactus annual gross margin history
2022
2023
2024
2025
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 37.02% | −1.61 pp |
| 2024 | 2024-12-31 | 38.63% | +1.59 pp |
| 2023 | 2023-12-31 | 37.04% | +1.82 pp |
| 2022 | 2022-12-31 | 35.22% | — |
Cactus quarterly gross margin
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 33.31% | −3.25 pp |
| Q1 2026 | 2026-03-31 | 28.73% | −9.70 pp |
| Q4 2025 | 2025-12-31 | 36.20% | −1.61 pp |
| Q3 2025 | 2025-09-30 | 36.80% | −2.19 pp |
| Q2 2025 | 2025-06-30 | 36.55% | −2.68 pp |
| Q1 2025 | 2025-03-31 | 38.43% | +0.03 pp |
| Q4 2024 | 2024-12-31 | 37.81% | — |
| Q3 2024 | 2024-09-30 | 38.99% | — |
| Q2 2024 | 2024-06-30 | 39.23% | — |
| Q1 2024 | 2024-03-31 | 38.40% | — |
Cactus gross margin trends
Between the periods ended 2022-12-31 and 2025-12-31, Cactus's gross margin increased from 35.22% to 37.02%, a change of +1.80 percentage points. The latest reported quarter, Q2 2026, shows 33.31%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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